PPP Loan information for Embedded processor designs inc.

$130,100

Embedded processor designs inc. was initially approved for PPP Loan of amount $130,100, the current approved amount is $130,100. The loan was approved on 01/30/2021 by The First Bank reported 12 jobs and $130,100 was used to fund payroll.

Embedded processor designs inc. is Existing or more than 2 years old

EMBEDDED PROCESSOR DESIGNS INC.

Date Approved

01/30/2021

SBA Office Code

0460

Processing Method

PPS

Borrower Name

EMBEDDED PROCESSOR DESIGNS INC.

Borrower Address

1301 Sand Hill Rd Bldg 300

Borrower City

Candler

Borrower State

NC

Borrower Zip

28715-4508

Loan Status Date

09/29/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

130100.00

Current Approval Amount

130100.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

51812

Servicing Lender Name

First Bank

Servicing Lender Address

205 SE Broad St

Servicing Lender City

SOUTHERN PINES

Servicing Lender State

NC

Servicing Lender Zip

28387-6106

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Candler

Project County Name

BUNCOMBE

Project State

NC

Project Zip

28715-4508

CD

NC-11

Jobs Reported

12

NAICS Code

334419

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

130097.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

51812

Originating Lender

First Bank

Originating Lender City

SOUTHERN PINES

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

130797.48

Forgiveness Date

08/17/2021

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